Lead Strategic Sourcing and Vendor Management Specialist

JR183399 29508-48619 -BF- Lead Strategic Sourcing (IND)

Position Title:

JR183399 29508-48619 -BF- Lead Strategic Sourcing (IND)

Job Family:

PUR > Sourcing

Shift:

Job Description:

Job Title

Lead Vendor Management

Requirement Type

Full-Time Employee

Job Location

Hyderabad/Bangalore/Gurgaon

Requirement Level

I09

Hiring Manager

Associate Director

Primary Skill

Procurement

Business

Corporate Procurement

Skill Category

Vendor Management

ABOUT ELEVANCE HEALTH

Elevance Health is a leading health company in America dedicated to improving lives and communities and making healthcare simpler.  It is the largest managed health care company in the Blue Cross Blue Shield (BCBS) Association serving more than 45 million lives across 14 states.

A regular in Fortune 500 list, Elevance Health ranked 20 in 2022. Gail Boudreaux, President and CEO of Elevance Health has been a consistent name in the Fortune list of most powerful women and currently holds 4th rank on this list.

ABOUT CARELONCARELON

Carelon Global Solutions (CGS) is a healthcare solutions company that is simplifying complex operational processes to improve the health of the healthcare system.

Previously known as Legato Health Technologies, Carelon Global Solutions (hereinafter, CGS) underwent a name change and joined the Carelon family of brands in January 2023, as a fully owned subsidiary of Elevance Health (Previously Anthem Inc.). CGS brings together a global team of like-minded innovators who manage and optimize operational processes for health plans as well as providers.

Our brightest minds housed across our global headquarters in Indianapolis as well as Bengaluru, Hyderabad and Gurugram in India, Manila in the Philippines, Limerick in Ireland and San Juan in Puerto Rico bring with them innovative capabilities and an unmatched depth of experience. This global team uniquely positions CGS to enable scalable, next-generation platforms and specialized digital tools that make healthcare operations more practical, effective and efficient.

OUR MISSION & VALUES

Our Mission: Improving Lives and Communities. Simplifying Healthcare. Expecting More.
Our Values: Leadership | Community | Integrity | Agility | Diversity

JOB POSITION

Responsible for managing the overall vendor performance per contractual service level agreements (SLA) and ensures vendor conformity to enterprise standards, operational processes, and management guidelines to ensure business goals are achieved for an enterprise function. Acts as single point of accountability for internal and external business partners.

JOB RESPONSIBILITY

• Responsible for managing the overall vendor performance per contractual service level agreements (SLA) and ensures vendor conformity to enterprise standards, operational processes, and management guidelines to ensure business goals are achieved for an enterprise function. Acts as single point of accountability for internal and external business partners.
• Primary duties to include, but are not limited to:
• Defines and oversees the execution of complex vendor management and implementation strategy for a defined set of vendors.
• Manages the execution of vendor agreements to ensure compliance, monitor quality, and develop corrective action plans.
• Proactively develops effective business relationships with vendors, stakeholders, and key decision makers to meet or exceed expectations.
• Responsible for the development and ongoing management of one or more implementation programs that are multi-state, multi-function, and multi-year in scope.
• Directs the development, planning, prioritization, approval, implementation, and compliance of on-going vendor programs.
• Establishes program governance when needed to assure response to issue escalation; ensures program meets its stated objectives.
• Provides subject matter expertise in response to strategic business issues; research applicable subject matter practices; and remains aware of industry trends.
• Drives continuous improvement activities and implementations across functional areas.
• Recommends and implements vendor parameters regarding vendor production and quality in support of business objectives.

QUALIFICATION

• Bachelor's degree in business, technology, or a related field. 5-10 years of Sourcing, Process improvement, inventory management, contract management, vendor management, project management experience; or any combination of education and experience, which would provide an equivalent background.

EXPERIENCE

• 4-9 years of Process improvement, contract management, vendor management, project management experience; or any combination of education and experience, which would provide an equivalent background.
• Possesses demonstrated experience working with Clinical Sourcing especially Rx and Contract management, Vendor Management for categories including Pharmacy and Clinical. Comfortable in speaking with and negotiating directly with vendor sales teams on behalf of Elevance (where applicable).

SKILLS AND COMPETENCIES

• Assists in Vendor Management and Sourcing team to meet the contractual requirements. By establishing regular contract administrative activities, improve supplier performance and mitigate the risk.
• Assists in establishing contract management objectives and annual goals. Identifies, investigates, and resolves contractual/service deliverables issues, and provides oversight and assistance with procedure guidelines. Resolves rebuttal issues, provides ongoing feedback to the respective teams regarding the performance of the suppliers.

THE CARELON PROMISE

Aligning with our brand belief of ‘limitless minds are our biggest asset’, we offer a world of limitless opportunities to our associates.

It is our strong belief that one is committed to a role when it is not just what the role entails, but also what lies in its periphery that completes the value circle for an associate.

This world of limitless opportunities thrives in an environment that fosters growth and well-being, and gives you purpose and the feeling of belonging.

LIFE @ CARELON

• Extensive focus on learning and development
• An inspiring culture built on innovation, creativity, and freedom.
• Holistic well-being
• Comprehensive range of rewards and recognitions
• Competitive health and medical insurance coverage
• Best-in-class amenities and workspaces
• Policies designed with associates at the center.

EQUAL OPPORTUNITY EMPLOYER

Carelon is committed to a diverse and inclusive workplace and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other characteristics.

Reasonable Accommodation

Our inclusive culture empowers Carelon to deliver the best results for our customers. We not only celebrate the diversity of our workforce, but we also celebrate the diverse ways we work.

If you have a disability and need accommodation such as an interpreter or a different interview format, please ask for the Reasonable Accommodation Request Form.

Job Type:

Full time

Experience Level

Senior Level